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0 sats \ 0 replies \ @cryptocoin OP 21 Oct 2022
Here's their website page where this analysis was shared:
- Market Pulse is a compilation of key charts and insights by Binance Research, shedding light on the state of crypto.
- Market Overview: Crypto market capitalization increased by 8.4% QoQ in Q3 but overall sentiments remain poor.
- Layer 1s: Blockchain activity generally trended lower in Q3. Spotlight was on the Ethereum Merge in September.
- DeFi: Following a steep drop in May, DeFi Total Value Locked has yet to recover, and was range-bound between US$50-60B in Q3.
- NFTs: NFTs had a tough Q3 with sales down 73% QoQ. However, number of unique buyers held up and saw a slight uptick over the quarter.
- GameFi: The gaming landscape is led by BNB Chain, Ethereum, and Polygon, with almost 70% market share (by number of games).
Q3 State of Crypto: Market Pulse
https://research.binance.com/en/analysis/3q22-market-pulse
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